The price stretched somehow fast but still not at the point which ALGO will increase. We are expecting a consolidation period before it can make another move. If price holds within the range in the next 1-2 days, there will probably be another run to the highs. The consolidation will provide opportunity to those who want to go long on ALGO.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.